Market Capitalization (Millions $) |
23,854 |
Shares
Outstanding (Millions) |
225 |
Employees |
2,430 |
Revenues (TTM) (Millions $) |
16,376 |
Net Income (TTM) (Millions $) |
1,618 |
Cash Flow (TTM) (Millions $) |
-53 |
Capital Exp. (TTM) (Millions $) |
2,184 |
Targa Resources Corp
Targa Resources Corp is a leading provider of natural gas, natural gas liquids (NGLs), crude oil, and refined products transportation, storage, and terminals services. The company operates through two segments: Gathering and Processing and Logistics and Marketing.
The Gathering and Processing segment is focused on gathering, compressing, treating, processing, storing, and selling natural gas and NGLs produced from shale and other unconventional oil and gas formations. Targa owns and operates a network of gathering pipelines, treating facilities, and processing plants located in key energy producing regions throughout the United States.
The Logistics and Marketing segment includes a wide range of midstream services, including transportation, storage, fractionation, and terminaling of NGLs, crude oil, and refined products. Targa owns and operates a significant amount of transportation and terminaling assets including pipelines, trucking fleets, marine transportation vessels, and storage tanks.
Targa Resources is also involved in the marketing and trading of energy commodities. Through its trading group, the company is involved in the purchase and sale of natural gas, NGLs, crude oil, and other refined products.
The company has a strong focus on sustainability and environmental protection and has implemented various initiatives to reduce its carbon footprint. Targa is also committed to ensuring the safety of its employees, contractors, and the communities in which it operates.
Targa Resources Corp is headquartered in Houston, Texas, and employs approximately 2,500 people. As of 2021, the company had a market capitalization of approximately $6 billion and operates in over 100 locations across the United States.
Company Address: 811 Louisiana Street Houston 77002 TX
Company Phone Number: 584-1000 Stock Exchange / Ticker: NYSE TRGP
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